Chapter 11 Bankruptcy Attorneys in the Middle District of Florida

Strategic Debt Relief for Businesses and Individuals

At Martin Law Firm, we understand the financial challenges that businesses and individuals face. Our experienced Chapter 11 bankruptcy attorneys represent clients throughout the Middle District of Florida, guiding them through complex bankruptcy proceedings with skill, precision, and a results-driven approach.

Whether you are a business owner seeking to restructure your company’s debts or a high-net-worth individual facing overwhelming financial obligations, we provide customized legal solutions to help you regain control of your financial future.

What Is Chapter 11 Bankruptcy?

Chapter 11 bankruptcy is a reorganization process primarily designed for businesses but also available to individuals with substantial debts. Unlike Chapter 7 liquidation, which requires selling off assets to pay creditors, Chapter 11 allows debtors to continue operations while restructuring financial obligations under a court-approved plan.

Who Can File for Chapter 11?

• Corporations & LLCs – Companies struggling with debt but wishing to remain operational.
• Small Businesses – Entities seeking relief under Subchapter V, a more streamlined Chapter 11 process.
• Individuals – High-income earners with debts exceeding Chapter 13 limits.

How Chapter 11 Bankruptcy Works

Step 1: Filing the Bankruptcy Petition

The process begins with filing a voluntary or involuntary petition in the U.S. Bankruptcy Court for the Middle District of Florida. This triggers an automatic stay, preventing creditors from pursuing collection actions.

Step 2: Debtor in Possession (DIP) Status

Unlike Chapter 7, where a trustee takes control, debtors retain control of their assets and operations as a debtor in possession (DIP), subject to court oversight.

Step 3: Creating a Reorganization Plan

The debtor submits a plan outlining how debts will be restructured or repaid. The plan must be fair, feasible, and in the best interests of creditors.

Step 4: Creditor Approval and Court Confirmation

Creditors vote on the plan, and the court evaluates whether it meets legal standards before granting final approval.

Step 5: Implementation and Discharge

Once confirmed, the debtor follows the repayment plan. After completion, remaining eligible debts may be discharged.

Benefits of Filing Chapter 11 Bankruptcy

✅ Business Continuity – Keep your business running while restructuring debts.
✅ Debt Reduction & Restructuring – Modify terms, reduce principal amounts, or extend payment periods.
✅ Automatic Stay Protection – Prevent lawsuits, wage garnishments, and asset seizures.
✅ Lease & Contract Renegotiation – Modify burdensome leases and contracts to improve financial stability.
✅ Asset Protection – Avoid liquidation and safeguard essential business or personal assets.

Chapter 11 for Small Businesses (Subchapter V)

The Small Business Reorganization Act (SBRA) introduced Subchapter V, a streamlined version of Chapter 11 designed to make reorganization faster, cheaper, and more efficient for small businesses.

Key Advantages of Subchapter V:

✔ No creditor committee required (reducing legal expenses).
✔ Faster plan confirmation (within 90 days of filing).
✔ Debtors can retain equity in their business even if creditors are not fully repaid.

To qualify, businesses must have total debts under $7.5 million (subject to periodic adjustments).

Chapter 11 for High-Net-Worth Individuals

While typically used by businesses, Chapter 11 is an option for individuals whose debts exceed Chapter 13 limits. This is common for real estate investors, business owners, and professionals facing significant liabilities.

With Chapter 11, individuals can:
✔ Protect personal assets from liquidation.
✔ Restructure secured and unsecured debts.
✔ Prevent foreclosure on valuable properties.
✔ Negotiate better repayment terms.

Why Choose Martin Law Firm for Chapter 11 Bankruptcy?

At Martin Law Firm, our seasoned bankruptcy attorneys have a deep understanding of federal bankruptcy laws and local rules in the Middle District of Florida.

🔹 Extensive Chapter 11 Experience – Handling complex reorganizations for businesses and individuals.
🔹 Personalized Legal Strategies – Every case is unique; we craft tailored solutions for optimal outcomes.
🔹 Aggressive Creditor Negotiation – Protecting your rights and minimizing financial burdens.
🔹 Courtroom Advocacy – Skilled litigators prepared to fight for your best interests.

We have successfully guided business owners, real estate investors, and professionals through financial crises, helping them rebuild stronger futures.

Schedule a Consultation Today

If you or your business are considering Chapter 11 bankruptcy in the Middle District of Florida, don’t navigate this complex process alone. Contact Martin Law Firm today for a confidential consultation and take the first step toward financial stability and success.

Let us help you turn financial distress into a fresh start.